Governance

Esprinet's remuneration policy is defined in accordance with the governance model adopted by the company and with the recommendations of the Corporate Governance Code. In particular, it is overall designed according to the following principles and purposes:

• attract and retain high professional and managerial profile resources in order to support the corporate strategy;
• promoting the creation of value in the medium-long term and its sustainability over time, determining an alignment of interests between the generality of the shareholders and the management;
• ensure that the remuneration is based on objectively measurable, sufficiently challenging targets and on results actually achieved;
• ensure benefits in line with normal market practices in order to complete and enhance the overall remuneration package;
• protect the company and its shareholders through the adoption of clawback mechanisms aimed at returning the variable part of the remuneration following results achieved through malicious or grossly negligent behavior or data that have proved manifestly incorrect;
• create an adequate alignment between remuneration and risks through the use of forms of deferral of short-term variable remuneration subject to malus conditions and lock-up constraints on long-term variable incentives